Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 data and Kpler shipping tracker, on Tuesday, August 26, only five commodity ships transited the Strait of Hormuz, below the 10-day average of 15 vessels. The vessels included two liquefied petroleum gas tankers and one asphalt tanker departing the strait, plus two empty product ta

According to Jin10, on August 26, at least three Indian refiners and a global energy major plan to stop using vessels on Iran's newly published blacklist of 45 ships, including those used for ship-to-ship transfers. Iran released the blacklist this week, stating the vessels violated its

Park Sang-hyuk, editor-in-chief of Digital Asset, stated that Bitcoin has established itself as a dollar hedge asset during an appearance on SamproTV on the 26th. Park explained that Bitcoin prices fell on May 25 when US Treasury yields declined due to easing inflation concerns following oil price d

According to TrendForce, global energy storage battery cell shipments exceeded 460GWh in the first half of 2026, surging approximately 94% compared to the same period in 2025.

According to Fox Business, ProCap Financial CEO Anthony Pompliano said on August 25 that Bitcoin will continue to rise as long as the U.S. government maintains monetary expansion. "The U.S. government will never stop

According to CCTV News, China Securities Index Company officially launched the commodity futures sector index series today (Aug 26). The series comprises 40 indices, led by industrial and agribusiness sectors.

According to Yonhap Infomax, South Korea's government bond yields fell on Aug 25 morning, with longer-term rates declining more sharply than shorter-term rates, flattening the yield curve. The 3-year benchmark yield fell 3.6bp to 3.79%, while the 10-year yield dropped 5.4bp to 4.264%. The decline

According to Jin10 Futures, crude oil derivatives plummeted today (August 26) as market concerns over Middle East geopolitical tensions eased. Analysts noted that market focus has shifted from geopolitical premium to the recovery of Hormuz Strait transit, triggering a fundamental reversal for oil-li

According to Japan Petroleum Association (PAJ), Japan's commercial crude oil inventories increased by 469,084 kiloliters to 12,174,403 kiloliters in the week ending August 22, compared to 11,705,319 kiloliters the previous week. Refinery operating capacity utilization (BPSD) rose to 80.4%

U.S. Treasury Secretary Scott Bessent announced an expansion of long-term Treasury buybacks, sharply raising the per-operation cap for off-the-run 10-year, 20-year, and 30-year Treasury bonds from $2 billion to at least $4 billion. After the announcement, Bitcoin broke above $80k and had surged more than 20% over the week ending August 25, while spot Bitcoin ETFs attracted $650 million in net inflows during the week. Expanded Buyback Size: Per-Operation Cap for Off-the-Run U.S. 10-Year to 30-Yea

US stock index futures declined in cautious trading during the Asian session on the morning of August 26, as investors awaited key economic data releases and corporate earnings. E-mini S&P500 futures fell 0.24% to 7,673.25, while tech-heavy E-mini Nasdaq100 futures dropped 0.58% to 29,108.00 as of 1

U.S. stock futures showed diverging movements in overnight trading on Tuesday, with Dow futures climbing 0.04% while S&P 500 futures fell 0.08% and Nasdaq-100 futures lost 0.19% at 10:58 PM EDT. Investors are awaiting results from Nvidia Corp. (NVDA), expected after the market closes on Wednesday.

According to Singapore Maritime Port Authority data, Singapore maritime fuel sales in July 2026 reached 4.73 million tons, rising 1.35% month-on-month and declining 3.78% year-on-year. The number of vessels bunkering at Singapore ports reached 3,675, up 1.57% from the previous month, with average fu

According to Guru Club, on Tuesday (Aug 26), New York copper futures hit a record high of $6.7270 per pound, up 1.8%, surpassing the previous record of $6.7140 set on Aug 12. The September contract equivalent was approximately $14,830 per ton. Trade flows are being reshaped by anticipated U.S.

According to reports from Iran and Russian media, Iran and Oman reached an understanding on interim shipping lanes in the Strait of Hormuz overnight (August 26). Russian media also reported that the U.S. and Iran have achieved consensus on ceasefire agreement terms, with provisions for freedom of

According to Guru Club, lithium carbonate futures turned positive on August 26, rising 0.6% to 154,800 yuan/ton. China's Yichun Ecology and Environment Bureau announced it had withdrawn the accepted public announcement of the environmental impact report for Yichun Contemporary New Energy Mining's

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) fell 2,750 yuan/ton today (August 26), trading at 152,450 yuan/ton at midday.

According to Yonhapinfomax, South Korea's government bond futures surged on August 26 morning, with the 10-year contract rising 50 basis points to 106.15 and the 3-year contract up 8 basis points to 103.37. Foreign investors made net purchases of 906

According to Guru Club, pure benzene futures hit the daily limit down on August 26, with the main contract declining 6% to 7,320 yuan/ton.

According to China National Petroleum Corporation (CNPC), the Heihe-Daqing natural gas pipeline project commenced construction in Heilongjiang on August 26. Upon completion, the project will enhance the "northern gas to southern regions" transmission system's annual capacity by 10 billion cubic